KKM Financial LLC purchased a new position in iShares Silver Trust (NYSEARCA:SLV – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 15,736 shares of the exchange traded fund’s stock, valued at approximately $447,000.
Other large investors also recently added to or reduced their stakes in the company. Pitcairn Co. bought a new position in iShares Silver Trust during the first quarter valued at $278,000. CreativeOne Wealth LLC grew its holdings in iShares Silver Trust by 76.4% during the 1st quarter. CreativeOne Wealth LLC now owns 20,722 shares of the exchange traded fund’s stock valued at $471,000 after purchasing an additional 8,976 shares during the last quarter. 1832 Asset Management L.P. raised its position in iShares Silver Trust by 4.0% in the 1st quarter. 1832 Asset Management L.P. now owns 1,188,015 shares of the exchange traded fund’s stock worth $27,027,000 after purchasing an additional 46,166 shares during the period. Lazard Asset Management LLC lifted its stake in iShares Silver Trust by 9.1% in the first quarter. Lazard Asset Management LLC now owns 17,084 shares of the exchange traded fund’s stock worth $388,000 after purchasing an additional 1,430 shares during the last quarter. Finally, NWI Management LP boosted its position in shares of iShares Silver Trust by 10,526.6% during the first quarter. NWI Management LP now owns 5,313,305 shares of the exchange traded fund’s stock valued at $120,878,000 after buying an additional 5,263,305 shares during the period.
iShares Silver Trust Stock Performance
SLV opened at $28.46 on Friday. iShares Silver Trust has a one year low of $20.07 and a one year high of $31.80. The stock has a market cap of $13.36 billion, a price-to-earnings ratio of -7.01 and a beta of 0.43. The stock’s 50 day moving average price is $28.98 and its 200-day moving average price is $27.56.
iShares Silver Trust Profile
iShares Silver Trust (the Trust) owns silver transferred to the Trust in exchange for shares issued by the Trust. The Trust’s each share represents a fractional undivided beneficial interest in its net assets. The assets of the Trust consist of silver held by the Trust’s custodian on behalf of the Trust.
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